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C AS E ST U D Y
Cutting Customer
Acquisition Cost by 47%
A Paid Search Case Study for a B2B SaaS Platform
How a full-funnel account restructure turned wasted ad spend into predictable, trackable pipeline
Prepared by Meridian Growth | Paid Search for B2B SaaS
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C L I E N T SN A PS H O T
Where paid search stood before the rebuild
INDUSTRY
B2B SaaS — project
management software
MARKET
US & EU mid-market teams,
$50–500 monthly ACV
STARTING POINT
Broad-match keywords, no
negative lists, CAC climbing
every quarter
GOAL
Cut CAC while scaling
qualified demo bookings
The bigger picture
Flowtrack's paid search account had grown organically for three years — new campaigns bolted on, broad-match keywords left unchecked,
and no link between ad spend and closed revenue. CAC had crept up for four straight quarters even as the team increased budget to
compensate.
The brief: rebuild the account around relevance and attribution, then prove the impact in cost per qualified demo — not just clicks.
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T H E C HA L L EN G E
Four gaps were quietly inflating cost per acquisition
43% of clicks came from irrelevant broad-match queries with
no negative keyword coverage.
Generic landing pages converted at 1.2% — about half the
account's target rate.
Conversions weren't tied back to keywords or campaigns, so
budget kept funding what looked cheap, not what worked.
Spend was split evenly across 14 campaigns regardless of
which ones actually performed.
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T H E PA I D S EA R C H S T R AT E G Y
A five-part rebuild focused on relevance and
attribution
Account audit & restructure
Rebuilt the account into tightly themed ad groups and removed 60+ wasted broad-match
terms.
Negative keyword & search-term
hygiene
Weekly search-term mining fed a growing negative keyword list across every campaign.
Landing page CRO
Built dedicated, conversion-focused landing pages for the top five campaigns and A/B tested
continuously.
Conversion tracking & attribution Connected offline demo-to-close data back to keyword-level performance.
Bid strategy & budget reallocation Shifted budget weekly toward the campaigns proving out on cost per qualified demo.
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I M P L E M EN TAT I O N T I M EL I NE
From audit to optimization in eight weeks, then
ongoing
Weeks 1–2 · Account audit & restructure
Rebuilt the account into tightly themed ad groups and removed 60+ wasted broad-match
terms.
Weeks 3–4 · Negative keyword & search-term
hygiene
Weekly search-term mining fed a growing negative keyword list across every campaign.
Weeks 5–6 · Landing page CRO
Built dedicated, conversion-focused landing pages for the top five campaigns and A/B
tested continuously.
Weeks 7–8 · Conversion tracking & attribution Connected offline demo-to-close data back to keyword-level performance.
Ongoing · Bid strategy & budget reallocation Shifted budget weekly toward the campaigns proving out on cost per qualified demo.
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T H E R ESU LT S
Cost per acquisition fell as qualified pipeline grew
-47%
Reduction in cost per
acquisition
+82%
Growth in qualified demo
bookings
-61%
Wasted spend cut from broad-
match clicks
+2.4
Average Quality Score increase
Results reflect Flowtrack's six-month engagement with Meridian Growth — comparable programs across our B2B SaaS clients have delivered 30–55% CAC
reductions within two quarters.
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T H E T R EN D L I N E
Cost per acquisition, month over month
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6
$96
$89
$78
$68
$58
$51
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B EF O R E VS . AF T ER
From scattershot bidding to a coordinated,
accountable account
BEFORE
Broad-match bidding on unqualified terms
No negative keyword lists
Generic, one-size-fits-all landing pages
Monthly reporting, no attribution
CAC climbing quarter over quarter
AFTER
Tightly themed, SKAG-style ad groups
Continuously updated negative keyword lists
Dedicated, tested landing pages per campaign
Weekly reporting tied to closed revenue
CAC down 47% and still falling
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K EY TA K EAWAYS
What made the biggest difference to cost and pipeline
Negative keywords compound savings
Every wasted search term removed keeps paying off, week after
week.
Quality Score rewards relevance
Tighter ad groups and better landing pages lowered cost per click
across the board.
Attribution turns optimization into math
Once demos were tied to keywords, budget decisions stopped being
guesswork.
Reallocating budget beats increasing it
Shifting spend toward proven campaigns outperformed simply
spending more.
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Ready to lower your CAC?
Meridian Growth has rebuilt paid search accounts for B2B SaaS companies across
categories — turning scattershot bidding into predictable, attributable pipeline, backed by
weekly optimization.
Book a paid search audit
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Meridian Growth — Paid Search for B2B SaaS
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